Mobile park home fix and hold

[Stephen Parker]

Investment Info:

Mobile home fix & flip investment.

Purchase price: $55,000
Cash invested: $75,000

Small mobile home park. 1 unit gut rehab, 1 unit substantial interior rehab, lot and land improvements.

What made you interested in investing in this type of deal?

Great ROI on

How did you find this deal and how did you negotiate it?

Investment partner found and contacted previous owner.

How did you finance this deal?

Cash purchase

How did you add value to the deal?

Private money loan for purchase and repairs

What was the outcome?

The park is coming along nicely and people are stopping by to ask about availability. Current tenants are also feeling better about the park.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a Realtor as is my investment partner.